Don't Get Your Claim Denied! Ontario Basement Apartment Insurance Explained | CRESI Ontario Landlord Series

BASEMENT APARTMENT OWNERS: This episode could literally save you $20,000+ in denied claims! 🏠💰Kevin Breitner dives deep with insurance broker Azita Fathi to reveal the CRITICAL insurance changes Ontario landlords must make when converting or renting basement spaces. Even having family members living in your basement changes everything about your coverage!WATCH OUT: Most landlords miss these key disclosures and end up with ZERO COVERAGE when disaster strikes! ⚠️CHAPTERS:0:00 - Introduction to Basement Apartment Insurance0:47 - Meet Our Expert: Azita Fathi1:09 - Why Basement Apartments Are Exploding in Ontario2:55 - Family vs. Tenants: The Insurance Trap4:59 - Essential Insurance Changes for Rental Conversions6:25 - $20,000 MISTAKE: Real Denied Claim Case Study7:53 - The Smoke Alarm Case That Went to Court9:33 - Landlord Insurance Checklist (Screenshot This!)11:04 - Tenant Insurance Secrets Every Landlord Needs14:26 - Owner-Occupied vs. Full Rental: Premium Differences15:25 - How Property Management Slashes Your Premium17:02 - Complete Basement Apartment Insurance BreakdownTap into insider knowledge about liability protection, getting added as "additional insured" on tenant policies, and exactly how to disclose your basement apartment to insurance companies!Connect with Azita at https://primeservice.ca/Connect with Kevin at https://cresi.caRemember to like and subscribe for more great tips!Watch this episode on Youtube at https://youtu.be/OWvJGedAS-E